https://www.taxtmi.com/caselaws?id=15407 The SC upheld the Tribunal's decision in a tax case involving block assessments for various years. The Tribunal ruled in favor of the assessee regarding a disputed commission payment and unexplained share capital investments. It found the evidence presented sufficient and dismissed the Revenue's claims of perversity. The Court emphasized the importance of establishing unaccounted income through proper evidence and scrutiny of transactions. The appeal was dismissed as no substantial legal question arose, affirming the Tribunal's findings. en-us Wed, 08 Dec 1999 00:00:00 +0530 Thu, 06 Aug 2009 13:27:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=15407 The SC upheld the Tribunal's decision in a tax case involving block assessments for various years. The Tribunal ruled in favor of the assessee regarding a disputed commission payment and unexplained share capital investments. It found the evidence presented sufficient and dismissed the Revenue's claims of perversity. The Court emphasized the importance of establishing unaccounted income through proper evidence and scrutiny of transactions. The appeal was dismissed as no substantial legal question arose, affirming the Tribunal's findings. Case-Laws Income Tax Wed, 08 Dec 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=15407